Indonesians buy Aussie coal mines

DOWNER EDI has exited the mining sector with an agreement to sell its Open Cut Mining East business to an Australian subsidiary of Indonesian mining contractor giant PT Bukit Makmur Mandiri Utama (Buma).

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Grant Fenn

The transaction includes the transfer of the assets, liabilities including employee entitlements, employees and contracts comprising the Open Cut Mining East business to Buma.

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